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Successful organizations rely on accurate financial information to make informed decisions. But what sets great organizations apart is having a formal month-end close process in place. This ensures that financials are completed, reviewed, corrected, and ready for leaders and managers to use confidently in decision-making. In this episode of PowerTips Unscripted, Doug Howard joins us...
The post A Month-End Close You Can Actually Make Business Decisions From with Doug Howard – [PowerTips Unscripted] S6 E2 appeared first on PowerTips Unscripted.
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We’re big believers in the power of blogging to generate interest and business. Today we’re talking to someone in the trenches who’s also a believer, because it’s helped him in growing his business, gaining credibility, elevating customer loyalty, and — most importantly — generating cost-effective, exclusive leads. In this episode, Mike Foti discusses his business...
The post How to Capture Cost-Effective, Exclusive Leads by Blogging with Mike Foti – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Season 6 of PowerTips is here! Every business owner knows that the road to growth is filled with challenges—some of which can feel overwhelming. But in this episode, we’re talking to an entrepreneur who’s not only faced those obstacles but has led his business to remarkable success. Join hosts Victoria and Mark as they sit...
The post Live From Summit with Greg Harth – [PowerTips Unscripted] S6 E1 appeared first on PowerTips Unscripted.
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Victoria and Mark are just back from their own peer group meeting, and were inspired by what they learned. In particular, they were excited by something they heard from another member, Wayne Rivers. Wayne has a video blog, and we’re picking up one of his episodes about leadership. He says leaders tolerate bad behaviors in...
The post A Leader’s Inactions Are Just as Important as Actions with Wayne Rivers – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Small business owners spend a lifetime building a company and have one shot at getting their exit right. Yet waiting to pounce on this unsuspecting group is a legion of financial mercenaries, private equity predators and corporate giants set up to prey on owner’s lack of experience when it comes to mergers and acquisitions. These...
The post How to Build, Accelerate and Harvest the Value of a Company with John Warrillow – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Toyota pioneered the LEAN manufacturing system, and we know — houses aren’t cars. But neither are people, and the LEAN concept of continuous improvement is used by hospitals too. So even if remodeling isn’t brain surgery, we can learn a lot from how LEAN has been applied in healthcare. You can get some of the best help...
The post What Healthcare Can Teach Remodeling about LEAN with Liz Moisan – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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The concept behind developing a customer persona is pretty simple – get to know your audience better so that you can build a more meaningful relationship with them, both as a client and a prospect. The output of that analysis is inevitable company growth and client retention. So how do firms, of all sizes, build...
The post Building Meaningful Customer Personas with Aimee Pagano – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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For many, determining the compensation for an employee is nothing more than doing a quick Google search, or in our members case, maybe asking their peers what they pay for a particular position. But Tom Miller doesn’t really agree with that methodology. Instead, his company helps businesses apply the best compensation strategies that help recruit...
The post Creating Great Compensation Programs that Help Grow Your Company with Tom Miller – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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In this episode, Jeff Talmadge discusses how he and his team created a point system for his design staff to spread their workload. Each designer is assigned a predetermined number of points, weighted by criteria such as permitting, scope, and complexity of the job. The team tracks points weekly and has found that designers are less...
The post Gauging Your Designers’ Workload Effectively With Jeff Talmadge – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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The Cost-Plus Pricing model seems to go completely against common sense, but it’s a concept that we’re getting more questions about from our membership. One contributing factor is that consumers increasingly demand transparency when purchasing products and services — and homeowners are coming to expect it when undertaking a remodeling project. But so many remodelers...
The post How to Successfully Use Cost-Plus Pricing with Josh Baker – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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In this episode, we take a closer look at the sales process. We are always looking for fresh ideas and concepts that apply specifically to remodelers and those in the building community. Our guest Jan Neiges is adamant that you should be selling to design, NOT designing to sell, and she shares how you can...
The post Selling to Design, Not Designing to Sell with Jan Neiges – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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One of our core principles is that remodeling companies should make a good net profit, after paying the owners an above-average salary. When the economy’s booming, you can get away with a lot and still hit those goals, sometimes by accident. But the goal is to get those healthy net profits consistently, year after year,...
The post How to Hit Healthy Net Profits in any Economic Climate with Mike Medford Sr. – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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How can designers and production staff improve their success in the remodeling industry? Guest Jeff Borovitz joins Victoria and Mark to talk about the deadly sins that get in the way of reaching your full potential. Jeff has worked and trained with many members of the Remodelers Advantage Roundtables community and brings that experience in talking about...
The post The Deadly Sins that Designers & Production Teams Commit with Jeff Borovitz – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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As a seasoned business professional, you’ve probably been on both sides of the equation when it comes to giving and getting help. Get advice, give consultation. Gain a mentor, bestow some wisdom. While in these essential moments, we want to help and be helped, that doesn’t always happen. It helps to know there are differences...
The post All Help Is the Same, Isn’t it? with Allison Iantosca – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Guest Andy Haste is among one of Remodelers Advantages most successful members, and he attributes that success to consistency and profitability. But, how does one achieve consistent profits in such an unpredictable, and inconsistent industry such as remodeling? This episode shares tips, tactics, and techniques to effectively set the goals and budgets to reach, and...
The post How to Achieve Consistency in Revenue and Profit with Andy Haste – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Working with just a few Realtors can bring additional jobs to your remodeling company. It’s not about appealing to the masses, but about developing relationships with several realtors who appreciate how you work, your quality, attention to detail, and exceptional client experience. In this episode, Kathi Fleck discusses working with Realtors with Victoria and Mark,...
The post Connecting with a Few Good Realtors with Kathi Fleck – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Business processes are absolutely crucial in today’s business landscape. It’s almost impossible to operate a business without them. Today on PowerTips Unscripted, we’re joined by Adi Klevit, Founder of Business Success Consulting, to explore the ROI of implementing systematic processes in your business. Adi has been helping businesses create, document, and implement processes and procedures...
The post What is the ROI of systematizing your business? with Adi Klevit – [PowerTips Unscripted] S5 E11 appeared first on PowerTips Unscripted.
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Our Roundtables members share their financial metrics at every meeting, in what we call the composite report. But there’s one field that’s almost always reported as zero. It’s the proactive outbound sales call metric. It’s confusing to many, not just as a field on a spreadsheet, but as an activity. Abe Degnan says this metric is valuable...
The post Unraveling the Undervalued “Proactive Outbound Sales Call” Metric with Abe Degnan – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Every remodeling business owner wants to add more money to the bottom line. Reducing slippage is the lowest-hanging fruit to pick in your quest. In this episode, Tim Faller talks to Victoria and Mark about reducing slippage in your remodeling company. Slippage occurs when your estimate is lower than the real costs of the job....
The post Kicking Off Slippage Awareness Month with Tim Faller – [Best of PowerTips Unscripted] appeared first on PowerTips Unscripted.
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Today on Power Tips Unscripted, Arlin Sorensen, the CEO of Oak Road Consulting joins the show. Understanding the art of creating value within your business is pivotal, especially in the context of planning your exit strategy. It’s all about setting clear goals for your personal wealth and translating that into a business value target that...
The post Creating Value: A Guide to Maximizing Your Company’s Worth with Arlin Sorensen – [PowerTips Unscripted] S5 E10 appeared first on PowerTips Unscripted.
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